Filippo
Tue Jul 09 2024
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7 answers
1740
How can VASP & crypto company directories improve travel rule compliance?
In today's ever-evolving cryptocurrency landscape, travel rule compliance has become a pivotal concern for Virtual Asset Service Providers (VASP) and crypto companies. Could you elaborate on how directories dedicated to these entities can aid in enhancing travel rule compliance? How do they help in identifying and verifying counterparties, ensuring smooth transactions while adhering to stringent regulatory requirements? Additionally, what role do such directories play in bridging the gap between traditional financial institutions and the crypto ecosystem, enabling a more secure and compliant flow of digital assets?
